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What is For Rent By Owner?

What is For Rent By Owner?

If you are looking for a house or apartment to rent, you have probably come across the term ‘for rent by owner' (FRBO). But what does it mean? And how is it different from renting through a property management company? This guide will explain this to you in more...

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What is a Rent Concession?

What is a Rent Concession?

A rent concession is a reduction in rent or incentive (i.e. free parking) offered by the landlord to entice a prospective renter to sign a lease. Some people may find it helpful to think of a rent concession as a type of “SALE” or “SPECIAL” like one would see at...

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Things to Look For in an Apartment Lease

Things to Look For in an Apartment Lease

If you're thinking of renting an apartment, there are specific things to look for in the lease to help avoid potential problems or mis-understandings later. Here they are: 1.   Lease Term What is the length of the lease? This should be plainly stated. The most common...

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Where to Get Floorplans for your Apartment?

Where to Get Floorplans for your Apartment?

So, where do you get the floorplans for your apartment? Usually, you get them from the property manager (perhaps during your initial tour), and you certainly should have reviewed the floorplans before you sign a lease. The floorplans might also be available online. In...

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What is an Apartment Security Deposit?

What is an Apartment Security Deposit?

What and How Much is a Security Deposit? A security deposit is a fixed amount of money that you pay upfront (upon lease signing) and it is typically refundable, subject to returning the apartment in the condition you received less normal wear and tear. Typically, this...

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Gas or Electric for Apartments

Gas or Electric for Apartments

There is no definitive answer in terms of whether gas or electric is better, however if given the option, many people prefer to have gas in the apartment, as it is often cheaper to heat, provides a better cooking experience with a gas range, as well as generally...

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Top Philadelphia Apartment Hunting Tips

Top Philadelphia Apartment Hunting Tips

Every city has its nuances when looking for an apartment. For example, in New York City, StreetEasy.com is a major listing platform but not in Philadelphia. In New York city, co-ops are common for rent, but not in Philadelphia. If you are looking for an apartment in...

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